11, NORFOLK DRIVE, MELTON MOWBRAY, LE13 0AJ - £372,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 NORFOLK DRIVE is a very large detached house of 153m², built sometime between 1983 and 1990. It was last sold for £372,500 in May 2017, which was around 22% above the average May 2017 detached price in the Melton local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

11 NORFOLK DRIVE Sold Prices

Land registry data shows two sales for 11 NORFOLK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 11 NORFOLK DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 19 MAY	£372,500	£304,908	22% above HPI
1996 15 NOV	£116,250	£93,176	25% above HPI

11 NORFOLK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 11 NORFOLK DRIVE sales from November 1996 and May 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 11 NORFOLK DRIVE be worth now?

11 NORFOLK DRIVE might now be worth an estimated £486,390.

This is based on house price inflation of 30.6%, between May 2017 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 11 NORFOLK DRIVE of £372,500 on 19th May 2017. For the value to have increased from £372,500 to £486,390 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 11 NORFOLK DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The May 2017 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 11 NORFOLK DRIVE has not materially changed since May 2017.

How Large is 11 NORFOLK DRIVE?

11 NORFOLK DRIVE is 153m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 11 NORFOLK DRIVE lies on this distribution: 86% of detached houses houses are smaller than 11 NORFOLK DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 NORFOLK DRIVE: Plot and Title Map

11 NORFOLK DRIVE sits on a plot of roughly 0.244 of an acre, or 989m². The below map shows the location of 11 NORFOLK DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 NORFOLK DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 NORFOLK DRIVE?

11 NORFOLK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on NORFOLK DRIVE.